Flagship Communities Real Estate Investment Trust
Flagship Communities Real Estate Investment Trust
Your view on MHC-UN.TO
Overview
What the company does, where it operates, and who runs it.
About Flagship Communities Real Estate Investment Trust
- Industry
- REIT - Residential
- Sector
- Real Estate
- CEO
- Not available
- Headquarters
- 2220 Grandview Drive, Fort Mitchell, KY, US
- Industry
- REIT - Residential
- Sector
- Real Estate
- CEO
- Not available
- Headquarters
- 2220 Grandview Drive, Fort Mitchell, KY, US
Flagship Communities Real Estate Investment Trust is an unincorporated, open-ended real estate investment trust established pursuant to a declaration of trust dated August 12, 2020 (as subsequently amended and restated, the Declaration of Trust) under the laws of the Province of Ontario.
The registered office of the REIT is located at 199 Bay Street, Suite 4000, Toronto, Ontario, M5L 1A9, Canada. The head office of the REIT is located at 2220 Grandview Dr, Suite 280, Fort Mitchell, KY 41017, United States.
The REIT has been formed for the purpose of owning and operating a portfolio of income-producing MHCs, and related assets, all of which are located in the United States.
As at June 30, 2025, the REIT owned a 100% interest in a portfolio of 80 MHCs with 14,670 lots as well as two recreational vehicle (RV) resort communities with 470 sites, located in eight contiguous states: (i) Arkansas; (ii) Illinois; (iii) Indiana; (iv) Kentucky; (v) Missouri; (vi) Ohio; (vii) Tennessee; and (viii) West Virginia.
These MHCs and RV resort communities are strategically concentrated in key markets where management has comprehensive knowledge and experience, including the REIT's largest markets of Louisville, Cincinnati, and Evansville. As at June 30, 2025, the REIT also owned a fleet of approximately 1,650 manufactured homes for lease to residents.
The REIT plans to continue its strategy of converting rental homes to tenant owned homes however, from time to time, the rental home fleet may grow as a result of property acquisitions and targeted additions based on community needs.
The REIT is internally managed by a vertically integrated team of seasoned MHC professionals with expertise across the spectrum of real estate investment management, including: acquisitions, underwriting, financing, asset management, property management, operations, development and redevelopment, accounting, regulatory affairs, marketing, and human resources.
Media
Infographics, videos, and posts covering the company.
Stock Data
Price chart, volume, and trading data.
Fair Value
What FRC thinks it is worth vs. the current price.
FRC's fair value estimate for Flagship Communities Real Estate Investment Trust, and the rating behind it. MHC-UN.TO last traded at C$28.55, 11.9× trailing earnings — the estimate is read against that market price. FRC analysts run the firm's valuation model across the companies on this platform to estimate what each one is worth, rather than republishing a consensus average. Shows the current estimate, our rating, and when it was last revised. A free account covers 7 company valuations a month; a paid subscription is unlimited.
Financial Ratios
Profitability, returns, valuation, and leverage ratios.
Valuation, profitability, liquidity and leverage ratios for Flagship Communities Real Estate Investment Trust. Starting points for Flagship Communities Real Estate Investment Trust: P/E 11.9, EPS C$2.56, beta 0.26 — an REIT - Residential name. P/E, P/B, EV/EBITDA, margins, return on equity, current ratio and debt coverage, each shown against the company's own history.
Dividend Analysis
Yield, payout ratio, and dividend coverage metrics.
Dividend history, yield and payout sustainability for Flagship Communities Real Estate Investment Trust. Flagship Communities Real Estate Investment Trust paid C$0.90 per share over the last year — a 3.2% yield at the current C$28.55 price. Per-share payments, yield over time, payout ratio and growth streak, with coverage measured against free cash flow.
Earnings Analysis
EPS history, beat rate, and upcoming earnings reports.
Reported vs. expected earnings history for Flagship Communities Real Estate Investment Trust. Trailing twelve-month EPS for Flagship Communities Real Estate Investment Trust stands at C$2.56. EPS surprises by quarter, revenue against estimates, and the upcoming reporting date.
Financial Statements
Income statement, balance sheet, and cash flow statements.
Income statement, balance sheet and cash flow history for Flagship Communities Real Estate Investment Trust. Flagship Communities Real Estate Investment Trust has reported as a listed company since 2022. Annual and quarterly filings with period-over-period comparison, so you can trace how revenue, margins and cash generation have moved.
Comparables
List of peer companies in the same industry.
Flagship Communities Real Estate Investment Trust valued side by side against its closest peers. Flagship Communities Real Estate Investment Trust is measured against REIT - Residential peers within the Real Estate sector. Peer-relative multiples and operating metrics, so the valuation is read in the context of its own sector rather than in isolation.
Institutional Ownership
PremiumWhich funds and firms own the stock.
Which institutions hold Flagship Communities Real Estate Investment Trust, and how their positions are changing. At a C$696.4M market value, institutional positions materially move Flagship Communities Real Estate Investment Trust's register. Top holders, position sizes, and quarter-over-quarter accumulation or distribution from regulatory filings. Included with FRC Premium.
Insider Trading
PremiumRecent buying and selling by company executives.
Buying and selling by Flagship Communities Real Estate Investment Trust executives and directors. Shares of Flagship Communities Real Estate Investment Trust have traded between C$20.21 and C$28.11 over the past 52 weeks — context for the timing of the transactions below. Insider transactions as disclosed to regulators, with role, size and date — the clearest read on how the people running the company are positioned. Included with FRC Premium.
Senate Trading
PremiumU.S. Senator disclosures filed under the STOCK Act.
U.S. Senate disclosures naming Flagship Communities Real Estate Investment Trust. Flagship Communities Real Estate Investment Trust is a C$696.4M Real Estate company. Senators' reported transactions in this security, alongside the fundamentals — a signal most research platforms leave out entirely. Included with FRC Premium.
House Trading
PremiumU.S. Representative disclosures filed under the STOCK Act.
U.S. House of Representatives disclosures naming Flagship Communities Real Estate Investment Trust. Representatives' reported transactions in this security, shown next to the company's fundamentals. Included with FRC Premium.
News
Latest headlines and market coverage.
Latest headlines and company announcements for Flagship Communities Real Estate Investment Trust. Coverage tracks Flagship Communities Real Estate Investment Trust within REIT - Residential (Real Estate). Press releases and market coverage, newest first.